Microcap Ledger

Tickers · $CCCC

C4 Therapeutics, Inc. $CCCC

By Microcap Ledger desk · CIK 0001662579

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Global Select Market
Sector
Biological Products, (No Diagnostic Substances)
Headquarters
Watertown, MA
Fiscal year end
December 31
Shares outstanding
123,025,136 [10-Q 2026-08-11]
as of 2026-07-31

Sources: [10-K 2026-02-26]

What the company doesAI summary of filing

C4 Therapeutics is a clinical-stage biopharmaceutical company that develops small-molecule protein degraders using its proprietary TORPEDO platform, which harnesses the body's natural protein destruction process. The company's lead programs include cemsidomide, an oral degrader targeting IKZF1/3 for multiple myeloma in Phase 2 development, and CFT8919, an oral degrader targeting mutant EGFR for non-small-cell lung cancer in Phase 1 development (being conducted by partner Betta Pharma in Greater China). C4 also has discovery-stage programs in inflammation, neuroinflammation, and neurodegeneration, and receives funding through collaborations with Merck KGaA, Roche, and Biogen. The company generates revenue through milestone payments and royalties from its partnership agreements but is pre-revenue from product sales. [10-K 2026-02-26]

Segments: Cemsidomide (IKZF1/3 degrader for multiple myeloma), CFT8919 (EGFR L858R degrader for non-small-cell lung cancer), Inflammation/neuroinflammation/neurodegeneration discovery programs, Merck KGaA and Roche collaboration programs

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$12.79M−$48.76M −$31.52M$78.61M[10-Q 2026-08-11]
FY ended Dec 2025$35.95M−$104.99M −$98.69M$74.60M[10-K 2026-02-26]
FY ended Dec 2024$35.58M−$105.32M −$65.16M$55.50M[10-K 2026-02-26]
Quarterly cash burn
−$15.76M
Cash runway Estimate
~15 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-10-2470,588,959[10-Q 2024-10-31]
2025-02-2070,989,661[10-K 2025-02-27]
2025-05-0171,007,083[10-Q 2025-05-07]
2025-07-2971,170,815[10-Q 2025-08-07]
2025-10-2996,914,418[10-Q 2025-11-06]
2026-02-2397,578,175[10-K 2026-02-26]
2026-05-01110,567,222[10-Q 2026-05-12]
2026-07-31123,025,136[10-Q 2026-08-11]
Shelf registration
S-3 filed 2025-11-21; declared effective 2025-12-10 [S-3 2025-11-21]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-10-01Anderson Kenneth Carlgrant3,662$3.14[4 2026-10-02]
2026-10-01Grogan Donna Roygrant4,618$3.14[4 2026-10-02]
2026-09-18Adams Kendraexercise6,250—[4 2026-09-21]
2026-09-18Adams Kendraother2,775$3.39[4 2026-09-21]
2026-07-10Reyno Leonardexercise15,325—[4 2026-07-13]
2026-07-10Reyno Leonardother7,397$4.06[4 2026-07-13]
2026-07-01Anderson Kenneth Carlgrant2,650$4.34[4 2026-07-02]
2026-07-01Grogan Donna Roygrant3,341$4.34[4 2026-07-02]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.